S-11.0102, r. 1 - Regulation respecting the signing of certain documents of the Société de financement des infrastructures locales du Québec

Section 6 Disposition versions

2012-09-01

6. Section 5 applies to the signing by

(1)  the deputy minister or an assistant or associate deputy minister, of the documents referred to in paragraphs 2 to 5;

(2)  the director of the branch responsible for cash management or for the management of funds and payments, of the documents pertaining to

(a)  the opening of a trust bank account for the management of SOFIL investments;

(b)  the opening of a securities trust account for the financial settlement and securities custody of SOFIL investments;

(c)  the transfer of funds from the SOFIL account to the consolidated fund or from the SOFIL securities trust account;

(d)  the confirmation of financial operations carried out by the branch responsible for treasury operations;

(e)  bank settlements through the financial agent of the Ministère des Finances; and

(f)  custody of the securities held by SOFIL;

(3)  the director of the branch responsible for treasury operations, of the documents pertaining to SOFIL investments to the extent that those investments are made in accordance with the investment policy adopted by the board of directors of SOFIL; and

(4)  (paragraph revoked);

(5)  the director of the branch responsible for financial resources, of the documents pertaining to

(a)  the establishment of the SOFIL budgetary structure in the Government’s accounting system;

(b)  the entry in the Government’s accounting system, at the beginning of each year, of amounts available for commitments;

(c)  the authorization of persons designated by the Ministère des Affaires municipales, des Régions et de l’Occupation du territoire and the Ministère des Transports to conduct transactions in the Government’s accounting system;

(d)  the collection of SOFIL revenues and their entry in the Government’s accounting system;

(e)  the entry of SOFIL accounts receivable in the Government’s accounting system;

(f)  the issue of cheques to reimburse departments and bodies for the cost of services rendered to SOFIL pursuant to the instructions of the secretary of SOFIL; and

(g)  the reimbursement of living and travel expenses of the members of the board of directors and the secretary of SOFIL in accordance with the provisions of Décret (D. 2005-83, 83-11-30).

O.C. 114-2007, s. 6; O.C. 251-2010, s. 5.